Gasoline Prices Continue Edging Up
As if the dwindling rig counts, record inventories and falling temperatures weren’t enough for the oil and gas industry, another complication is arising at the tail-end of the system. Strikes spearheaded by the United Steelworkers Union (USW) increased on February 23, 2015, and now consists of a total of 15 facilities, including 12 refineries. The affected regions represent approximately 20% of all United States refineries.

WTI Prices since 1983

The strike is the largest refinery strike since 1980 and i...

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